PlainBillCongress, translated.Legislation. Context. Public interest.Placed on the Union Calendar, Calendar No. 846.
Congressional Research Service
Version 00 · Introduced in House · Feb 15, 2018
Small Company Disclosure Simplification Act of 2018
This bill exempts from requirements to use Extensible Business Reporting Language (XBRL) for Securities and Exchange Commission (SEC) filings: (1) emerging growth companies (in general, newly public companies with revenues below a specified threshold); and (2) on a temporary basis, certain other smaller companies.
The SEC must conduct an analysis of the costs and benefits of XBRL requirements with respect to such companies.
The SEC must report to Congress on the results of its analysis and other specified issues related to XBRL usage.
People & committees
Rep. Kustoff, David [R-TN-8] · R–TN
Legislative record
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Placed on the Union Calendar, Calendar No. 846.
Reported by the Committee on Financial Services. H. Rept. 115-1094.
Reported by the Committee on Financial Services. H. Rept. 115-1094.
Ordered to be Reported by the Yeas and Nays: 32 - 23.
Committee Consideration and Mark-up Session Held.
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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